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Credit Smart workshop on Saturday, Dec. 1

No credit for originality here. Consider this today’s public service announcement. Straight out of the Sunday Real Estate Section of the Oregonian:

The Community Housing Resource Center, 2700 N.E. Andresen Road, Suite D3, Vancouver, is offering a free CreditSmart workshop on Saturday, Dec. 1, 9 a.m. to 2 p.m. CreditSmart, a curriculum developed by Freddie Mac, explains how to build wealth, reduce expenses, manage money, use credit wisely, plan for a financial future and set goals such as buying a home. The Community Housing Resource Center currently offers the workshop bimonthly, but will offer it every month starting in January. To register, or for information about future workshops, call 360-690-4496, ext. 101.

3 Comments on “Credit Smart workshop on Saturday, Dec. 1

  1. “curriculum developed by Freddie Mac, explains how to build wealth”

    Build wealth with $2Bn losses this qtr ?

    As an aside I think today’s announcement puts the nail in the coffin of the housing market – with Freddy and Fannie losing cash hand over fist and Freddie going to the banks cap in hand – I feel another leg in the credit crunch starting.

  2. uncle_git: my thoughts exactly. Freddy & Fannie haven’t been very good at managing their money, I’m not sure I want them to tell me how to manage mine. I’d prefer Dave Ramsey’s advice any day – “CreditSmart” eh? The only smart way to use credit is to not use it.

    BTW: Europe has suspended Mortgage Bond Trading . Yeah, kind of like a bank holiday or something. Why do I have a bad feeling in the pit of my stomach? This can’t be good.

  3. Rumour has it FRE needs another 60 b to cover future losses.

    ACA (mortgage insurer) is trading at 85c.

    Ruh Oh.

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